U.S. budget deficit shrinks as revenues grow

Note: This section contains information in English only.
Source: Bloomberg
Federal budget gap in the United States declined to $128.7 billion in August of this year, comparing with $147.9 billion a year ago. During the October-August period of the current financial year, the negative balance shrank 22%, as revenues continued to increase amid economic recovery. They added 7.7% on the annual basis, while spending rose less than 1%.
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Fri, 12 Sep 2014 08:40:07 GMT

Volatility on the rise before Scottish vote

British equities are not faring well in the light of the vote for Scottish independence which is to take place on September 18. The volatility expectations advanced to the levels of November 2008, causing The FTSE 100 Volatility Index to gain 19% in four days time, increasing twice as much as its Euro zone equivalent VStoxx Index, which added 7.4%. The jump came just as nationalists gained more support in a recent

Fri, 12 Sep 2014 07:34:04 GMT

U.S. retail sales poised to gain

It is expected that U.S. retail sales for the month of August will have improved in comparison to July's data. The data are to be released 12:30pm GMT on Friday, hopefully alleviating the attention from the jobs report which revealed that only 142,000 jobs were added in August. Current projections show that retail sales will have increased by 0.6%. If

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